Author: NBTC

Multiple analyses have identified the most important Bitcoin levels to watch as investors anticipate the end of the ongoing retracement. Bitcoin (BTC) recently saw dramatic price action, briefly surpassing $100,000 before dropping to $92,000 and then stabilizing around $98,000. The volatility has prompted analyses to identify price levels likely to influence its trajectory in the coming weeks. Key Bitcoin Accumulation and Liquidity Zones Market analytics firm Glassnode introduced its Cost Basis Distribution (CBD) metric, which analyzes Bitcoin supply while considering investors’ average cost basis. The chart shows major accumulation and distribution zones that could act as support or resistance levels.…

Three coins have risen to the top of the leaderboard: The Dogeson, a playful nod to Elon Musk, his son and Dogecoin; Shiro Neko, a cat-themed token tied to gaming and NFTs; andOrbit, a space-inspired coin. These tokens topped the gainers’ charts on Saturday night. Here’s a closer look at each. Dogeson The Dogeson (DOGESON), a Doge-inspired coin named after an edited photo Elon Musk posted of himself and his son, X Æ A-12, is up more than 90% at last check Saturday. With a market cap reaching $146.6 million, the token is built on the Ethereum blockchain and has…

Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange’s first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. “While I can’t provide a definitive launch date yet, let me be clear: It is not a matter of if, but when,” interim CEO Norman Reed said…

Marina Protocol has joined forces with Kroma to revolutionize Web3 accessibility and engagement for the people. This partnership aims to bring gamified and reward-driven Web3 experiences to a broader audience. It starts with a major campaign set to attract both developers and users. 💙Marina Protocol x Kroma Partnership✅ @kroma_network is the most user and builder-friendly Layer 2 designed to bring gamified Web3 experiences to the mass. Built on the @SuperchainEco, Kroma has established itself as a technically advanced Layer 2 solution by launching the… pic.twitter.com/3UTBonAPQW — Marina Protocol 🌊 | Learn & Earn (@MARINA_PROTOCOL) December 16, 2024 Marina Protocol is…

Bill Dudley, former chairman of the New York Federal Reserve, has expressed concerns about the potential inclusion of Bitcoin in the United States’ national reserves. The idea of a national Bitcoin reserve has gained traction this year among some policymakers and crypto enthusiasts, who argue that it could provide a hedge against inflation and diversify U.S. financial assets. While Dudley believes that crypto technology has the potential to improve the financial system and that a Bitcoin reserve might send BTC prices soaring, he argues that a BTC reserve might not be beneficial overall. At the time of writing, BTC was…

In the past couple of days, a prominent crypto whale has gained significant attention in the crypto market by buying $BEAM tokens in a huge amount. As per SpotOnChain, the crypto whale has purchased 189.55M $BEAM tokens by spending 1,458 $WSTETH (equaling $6.7M), indicating an aggressive accumulation spree. $BEAM is what this big whale bought next!In the past 29 hours, the whale spent 1,458 $WSTETH ($6.7M) to buy 189.55M $BEAM at an average price of $0.03515.Overall, since December 1, the whale has spent $35.7M worth of $ETH to buy 4 tokens, including:• 10.245M $FTM (cost:… https://t.co/kTVgQqPi4D pic.twitter.com/VEjrmkA52w — Spot On…

Binance’s updated leverage and margin tiers offer improved trading options for select trading pairs, bringing both potential rewards and risks for crypto traders. The leverage and margin levels for USDⓈ-M perpetual contracts, including DAR, ME, CAKE, IOTA, LPT, ONE, and ZEN, will be updated by Binance Futures today, with effect from 08:15 UTC on Dec. 19, 2024. USDⓈ-M stands for USD-Margined Futures, a type of cryptocurrency futures contract offered on platforms like Binance. It refers to stablecoins such as USDT (Tether) or BUSD (BUSD), which are pegged to the US dollar. These contracts are settled in these stablecoins, rather than…

Bitcoin (BTC) miners have recorded a significant drop in the total BTC held in wallets associated with miners. In a post on X, Santiment, an on-chain analytics platform, highlighted the shift in Bitcoin’s mining balance. There was a drop of 85,503 BTC within 48 hours. Miner activity: Selling pressure or strategic shift? According to Santiment, this extreme drop could have implications for the market. Although mining balances have dropped since the April halving, this new drop signals stronger implications. Notably, it suggests that there is selling pressure, but that it is not linked to price movements. This movement of over…

Meson Finance, a cross-chain protocol, has announced a strategic partnership with Neo X, a blockchain powering native cryptocurrency NEO. With the integration, Neo users now can access Meson’s trading infrastructure, which supports swaps across over 60 blockchain protocols. Meson operates based on the use of a non-custodial infrastructure built on top of hashed time-lock contract swaps. This technique ensures users maintain control over their assets throughout the swapping process. The integration provides Neo users with liquidity in swap pools, including bridging in and out of the ecosystem. Welcome @mesonfi to the Neo X ecosystem! 🚀@mesonfi provides seamless cross-chain swaps with…

Every year, my company Emfarsis partners with the Blockchain Game Alliance (BGA) to conduct an industry-wide survey of blockchain gaming professionals. And every year, the overwhelming majority of respondents agree that digital asset ownership is the single biggest benefit that blockchain can bring to games; this year was no different, with 71.1% ranking it number one. Even with more people joining the industry — in 2024 we had three times as many respondents as compared to the inaugural survey in 2021 — it’s always digital asset ownership that comes out as the industry’s undisputed North Star. But while we hail…